HOIANA Granted Casino Operating License Until 2080

Suncity Group Holdings Limited (1383.HK) has been granted the “Casino Operating License” by the Ministry of Finance of Vietnam. The license, which is valid until December 10, 2080, will allow the Company to operate the gaming business in HOIANA, its integrated resort project in Hoi An, Vietnam.

Phase 1 of HOIANA will feature a wide range of entertainment facilities, high-end catering, an 18-hole golf course and a hotel with more than 1,000 hotel rooms. Set to open its doors in 2021, an exclusive preview will take place in Summer 2020.

The all-suite hotel of HOIANA is a re-imagination of the hotel experience with its personalized 24-Hour butler service, while the other 3 hotel brands including Hoiana Hotel and Suites, New World Hoiana Hotel & Residences and Rosewood Hoi An feature a wide array of accommodation from guest rooms to villas, satisfying the needs of different guests.

A spectacular landscape, a 4km coastline where a unique Beach Club will be built, these are some of the biggest features of the resort. In addition, the 18-hole golf course, designed by Robert Trent Jones Jr., officially opened its door on March 2, 2020. With more and more brands and entertainment being introduced, HOIANA will surely be the finest entertainment hub in Southeast Asia.

“I am thrilled to be granted a Casino Operating License in HOIANA,” said Alvin Chau, Chief Executive Officer and Director of Suncity Group. “We are now ready. The Casino Operating License will visualize my re-imagination of Suncity. HOIANA is now finally allowed to open its doors to offer guests an authentic Vietnamese experience embellished with sun, sea and sand. This is a very exciting time to witness my vision for Suncity to sprout from ground zero into a truly integrated resort company – a true metamorphosis for Suncity. Stay tuned for HOIANA’s exclusive preview in the summer and the Grand Opening in 2021.”

Besides Vietnam, Suncity Group is actively pushing forward with its overseas projects including Westside City Project in Manila, Philippines, the renovation of Tigre de Cristal and the establishment of Suncity Club in Vladivostok, Russia, plus a resort project at Miyako Island, Okinawa, featuring 40 villas and a hotel tower with 100 guest rooms.